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South Merivale Business Park SOUTH MERIVALE BUSINESS PARK 1 Colliers International MICHAEL PYMAN 340 Albert Street National Investment Services Suite 930 Senior Sales Representative 613 567 8050 613 683 2202 collierscanada.com [email protected] 4 EXECUTIVE SUMMARY 6 PROPERTY OVERVIEW 8 AREA OVERVIEW 10 AREA MAP 12 DEMOGRAPHICS 14 ZONING Colliers has been exclusively retained to arrange the sale of commercial lots of industrial/development lands in the south end of the City of Ottawa. Situated in the South Merivale Business Park in the community of Barrhaven, the property consists of two (2) parcels totaling 33.71 acres which can be further subdivided into smaller lots. These properties offer a tremendous location proximate to the ever expanding community of Barrhaven and excellent access to transit. With the lack of developable industrial/commercial lands within the City of Ottawa, the South Merivale Business Park lands are an attractive accommodation option to any user. 5 (1) BLOCK 2, PLAN 4M1354, OTTAWA. SUBJECT TO AN EASEMENT IN GROSS OVER PART 1 ON PLAN 4R-24338 LEGAL AS IN OC1093047 (2) PART OF LOTS 17 AND 18 CONCESSION 1 RIDEAU DESCRIPTION FRONT PART 18 PLAN 4R9089 SAVE AND EXCEPT PART 1 PLAN 4R11133 AND THAT PART OF PART 18 PLAN 4R9089 LYING EAST OF PART 1 PLAN 4R11133, NEPEAN Parcel 1 - 28.42 acres - $10,657,000 or $375,000 per acre PARCELS Parcel 2 - 5.29 acres - $1,100,000 LOCATION Located on Leiken Drive and Bill Leathem Drive ZONING IL9 - Light Industrial PARCEL 2 PARCEL 1 HIGHLIGHTS - Existing developments include RCMP Headquarters, JDS Uniphase, and Enbridge Gas - Full municipal services are currently available to the site including: sanitary and storm sewers, municipal water, telephone, gas, hydro and garbage removal. - Both Parcel 1 and Parcel 2 have excellent street frontage - The site scale and confi guration of the properties off er a functional development opportunity 7 AREA OVERVIEW Within the western portion of the City of Ottawa, Barrhaven is home to some 84,300+ residents and a multitude and diverse array of amenities highlighted by the Chapman Mills Marketplace and Trinity Common at Citigate, Barrhaven’s newest retail development. An abundance of supportive retail amenities service the nearby communities and include major national retailers such as Cineplex Odeon, Loblaws, Goodlife Fitness, and Tim Horton’s among many others. LOCATION OVERVIEW Located just east of central Barrhaven, the South Merivale Business Park is well situated across from the RCMP Headquarters and bordered by a large residential community with a limited supply of new business park developments. Bill Leathem Drive is easily accessible by the new Longfields Drive extension via Woodroffe Avenue and Leiken Drive is a main roadway from Riverside South to Barrhaven or Barrhaven to Merivale. TRANSPORTATION Vehicular access is excellent with Highway 416 just 15 minutes of the Property via Strandherd Drive, providing access to Highway 417 and Montreal through direct connectivity to the Quebec Autoroute 20 as well as core markets that run along the 818-kilometre Highway 401 including Brockville, Kingston, Belleville, Oshawa and Toronto. Public transportation is significant with bus service situated on Leiken Drive, and two transit stations within minutes of the property offering convenient local and regional access across the City of Ottawa. 9 BARRHAVEN 416 FALLOWFIELD RD DOWNTOWN OTTAWA BARRHAVEN 30 MIN STRANDHERD DRIVE STONEBRIDGE 416 10 OTTAWA INTERNATIONAL AIRPORT 20 MIN SUBJECT PROPERTIES PRINCE OF WALES DRIVE WALES OF PRINCE RIVERSIDE SOUTH 73 THE FASTEST-GROWING COMMUNITY IN THE CITY, ACCORDING TO THE 2011 CENSUS, HAS SEEN SCHOOLS, 13 CARE HOMES AND ENTERTAINMENT VENUES BUILD UP ALONGSIDE ITS RESIDENTS... BUSTLING BARRHAVEN SAW ITS POPULATION SOAR ABOUT 25% FROM 2006 TO 2011, TO A TOTAL POPULATION OF ABOUT 45,000. -THE TORONTO SUN 11 DEMOGRAPHICS OF VICINITY (5KM) With a current population of TOTAL POPULATION OWNER approximately 84,300 people (2017) within the vicinity 84,300 23,500 (5 km radius of the Property) the community boasts above TOTAL DAYTIME POPULATION average incomes ($198,700 RENTER per household) and an 49,500 1,600 excellent talent pool, with 10,900 having a college AVERAGE AGE PART OF CONDO certifi cate or degree. The steadfast and family 29.73 3,000 oriented atmosphere of the area is represented in AVERAGE HOUSEHOLD SIZE NOT PART OF CONDO the average household size 3.34 22,500 (3.34) and a median age of 29.73 and even further in the trade area (1km) AVERAGE HOUSEHOLD INCOME EDUCATION (2017) with an above average (COLLEGE) $137,400 household size of 5.23. 10,900 PROJECTED HOUSEHOLD POPULATION OF TRADE AREA (1KM) 2,725 2,547 2,487 2,464 2,283 2,283 2010 2011 2015 2017 2020 2025 Household population growth is anticipated to be increase 19.36% by 2025, a strong growth projection supported by the surrounding residential development in the area and in Riverside South. 13 IL9 LIGHT INDUSTRIAL ZONE PURPOSE OF ZONE (1) permit a wide range of low to moderate impact, light industrial uses in accordance with the Employment Area designation of the Official Plan or, the General Urban Area designation where applicable; (2) allow in certain Employment Areas or General Urban Areas, a variety of complementary uses such as recreational, health and fitness uses and service commercial (e.g. convenience store, personal service business, restaurant, automobile service station and gas bar), occupying small sites as individual occupancies or in groupings as part of a small plaza, to serve the employees of the Employment or General Urban Area, the general public in the immediate vicinity, and passing traffic; (3) prohibit retail uses in areas designated as Employment Area but allow limited sample and showroom space that is secondary and subordinate to the primary use of buildings for the manufacturing or warehousing of the product; and (4) provide development standards that would ensure that the industrial uses would not impact on the adjacent non-industrial areas. PERMITTED USES animal care establishment park animal hospital parking garage automobile body shop parking lot broadcasting studio place of assembly catering establishment printing plant crematorium production studio drive-through facility research and emergency service development centre garden nursery service and repair shop heavy equipment and vehicle sales, small batch brewery rental and servicing storage yard kennel technology industry leaf and yard waste composting training centre facility truck transport terminal light industrial uses warehouse medical facility waste processing medical marihuana production facility and transfer facility office 15 Colliers International MICHAEL PYMAN 340 Albert Street National Investment Services Suite 930 Senior Sales Representative 613 567 8050 613 683 2202 collierscanada.com [email protected] SOUTH MERIVALE BUSINESS PARK This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc. 16.
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